KKR is about to lose its cash investment in Samson Resources worth $4.1 billion from its $7.2 billion buyout four years ago. The unexpected and prolonged downward move of oil and gas pushed Samson to file for Chapter 11.
Regions
Fraudulent activities are rampant in the digital ad ecosystem, says former Forbes.com CEO
Forbes.com ex-CEO Jim Spanfeller, who is now the Chairman emeritus of the Internet Advertising Bureau, exposed the fraudulent strategies poisoning the digital ad ecosystem.
President Obama shares his choice of songs on Spotify summer playlist
President Barack Obama had handpicked his own song playlist on Spotify, a first from the White House, while the President is having his vacation in Martha's Vineyard.
India High Court favored Nestle over food regulator noodle ban
Nestle finds relief when the Bombay High Court on Thursday lifts the food safety regulator's order of a nationwide ban on the sale Nestle India's famous 2-minute Maggi Noodles.
Baby Boomers may have too much of their savings invested in stocks
Members of the Baby Boomer generation may have too much of their retirement savings being invested heavily in stocks.
Latest News
Samsung officially unveiled the Galaxy Note 5 at a press conference in New York. The launching followed five successive falls in the quarterly profits of Samsung Electronics.
A lawsuit filed against Zirtual by employees who were allegedly terminated by the company without prior notice. The company provides a pool of virtual assistants for busy professionals for a fee. It has its main office in Las Vegas and employed virtual assistants all over the country.
A 401k loan is stirring a negative public impression lately and many argues whether it's something worth risking for. Forbes's Investing section contributor Michael Smith gives his expert advice on the matter.
Christopher Payne is out on Tinder as the CEO after handling it for five months. Tinder co-founder Sean Rad will regain his position. All at once, Greg Blatt is appointed as Tinder Executive Chairman.
The Funding Circle has earmarked $1-billion funding for small business globally and will make this financing in a hassle-free and much-simplified process.
Google is beefing up their Google for Work lineup once more with the introduction of another Chromebook variation, partnering this time with Dell.
In a recent event held by Charlotte Chamber's "Women Who Lead", sponsored by the Bank of America Corporation, the stories of these women executives were highlighted: Andrea Smith, Charlotte Chamber's Chairwoman and Bank of America's new CAO; Cathy Bessant, Bank of America's chief operations and technology officer; Muriel Sheubrooks, a former partner of the Greater Carolinas Real Estate; and Pat Rodgers, CEO of Rodgers Builders.
Earlier this year, we saw Bill Gates drinking water that was originally taken from poop. The poop machine that turned dirty water to clean water is also called the Omniprocessor, designed by Peter Jackini and partially funded by the Bill & Melinda Gates Foundation. Gates wrote on his blog that he was impressed with what Jackini has built and he is thrilled with the business model.
Sesame Street is coming to HBO this fall. According to the announcement, HBO will air the next five seasons of the iconic children's show and can be streamed on HBO's partner stations and streaming outlets.
